Indonesian producers predict 2016 market pick-up
PT Semen Indonesia and its subsidiary Semen Gresik are optimistic the domestic cement market will improve in 2016 despite tight competition. Bambang Joko, head of sales at state...
Pt Semen Gresik
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PT Semen Gresik officially changes name, Semen Kupang takeover recommended
PT Semen Gresik has officially changed its name to PT Semen Indonesia and is being urged by the government to take majority ownership of state-owned cement producer Semen Kupang,
Semen Gresik seals Vietnam deal
Indonesia’s leading cement producer PT Semen Gresik has signed deal worth US$157m with Hanoi General Export-Import JSC (Geleximco) on 18 December to acquire 70 per cent stake in...
Semen Gresik to acquire Vietnam’s Thang Long Cement
Indonesian cement producer PT Semen Gresik Tbk plans to acquire a majority stake in Vietnam-based Thang Long Cement JSC, according to Investor Daily.
Semen Gresik to issue US$150m global bonds next year, Indonesia
PT Semen Gresik plans to issue US$150m of global bonds in 2013 to finance its plan to buy a smaller rival in Southeast Asia, Reuters reported the company’s CEO Dwi Sutjipto sayi...
Semen Gresik opens new Tuban cement plant, Indonesia
State-controlled cement maker Semen Gresik has opened its IDR3.18trn (US$332m) cement factory in Tuban, East Java, in the presence of Indonesia’s State Enterprises Minister Dahl...
Gresik Power plant project delayed, Indonesia
PT Semen Gresik, says that the completion of its power plant project in Pangkep, South Sulawesi, will be delayed due to bad weather and man power limitations, according to repor...
Gresik sets aside US$300m for regional expansion
Indonesia’s largest cement maker, PT Semen Gresik, has US$300m to expand its business to the regional markets of Myanmar, Cambodia and Vietnam, the company’s chief executive Dwi...
Semen Gresik new plant construction
Indonesia state-owned producer PT Semen Gresik is expected to start construction of two new cement plants at home and away in the second half of 2012 and first half of 2013, res...
Gresik market share slips, Indonesia
PT Semen Gresik has lost market share in the first half of this year due to production growth being slower than increases in Indonesian consumption. In the first half of the yea...